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Tesla Model S finally revealed

The Tesla Model S, a full sized Electric Saloon car, unveiled in California The Tesla Model S is a full size saloon which, at the projected price of $50,000 (including a federal tax break), should make a significant impact on the market. I say projected simply because the car will not be ready for sale until 2011, so there is plenty of time for ‘adjustments’. We’ll see.

Toyota to close Australian design studio

Toyota designers at its Technical Center Asia Pacific Australia (TTCAP-AU) are to lose their jobs as part of Toyota's decision to scale back the facility's activities as well as halting all manufacturing within the country by 2017. The TTCAP-AU, which carries out all its Australian design and evaluation operations, employs 150 designers and modelers and it's possible that its activities with the Camry, Camry Hybrid and Aurion models could be scrapped, raising doubts over its future. Around 2,500 employees at Toyota's Altona manufacturing plant are expected to lose their jobs, although the effects are likely to be wider ranging.

Mercedes SLS AMG E-Cell (2010): the electric SLS

Following the unveiling of Tesla's updated Roadster 2.5, Mercedes is showing off its iteration of an all-electric sports car: the SLS AMG E-Cell. While the regular SLS pumps out 563bhp and 479lb ft from its 6.2-litre V8, the SLS E-Cell has four synchronous electric motors, powering all four wheels for a combined output of 392kW (equivalent to 526bhp) and a mammoth 649lb ft of torque. Crucially, all of that power is accessible from zero revs, allowing the E-Cell to sprint to 62mph in four seconds dead.